Supply and Demand Video Quiz

What did Justin want to buy at the ice cream stand?

• Strawberry ice cream

• Vanilla ice cream

• Double chocolate fudge ice cream

• Chocolate Chip ice cream

What does the word "supply" mean?

• How much money something costs

• How many items are available

• How many people want something

• How tasty something is

Why did the ice cream vendor raise the price of double chocolate fudge?

• She ran out of ice cream

• There were many people who wanted it

• It was too cold outside

• It was a special flavor

What happens when something is HIGH in demand?

• Prices go up

• Prices go down

• Prices stay the same

When is a good time to buy a coat, according to Justin?

• The Summer

• The Fall

• The Winter